Prices are facing bearish pressure from descending trendline resistance as well as 1st resistance in line with 50% Fibonacci extension and 78.6% Fibonacci retracement. Prices might push downwards towards 1st support, in line with 78.6% FIbonacci extension and 127.2% Fibonacci retracement. If prices push further up from 1st resistance, prices might face resistance...
Prices are facing bearish pressure from descending trendline resistance as well as 1st resistance in line with 50% Fibonacci extension and 78.6% Fibonacci retracement . Prices might push downwards towards 1st support, in line with 78.6% FIbonacci extension and 127.2% Fibonacci retracement . If prices push further up from 1st resistance, prices might face...
Prices are facing bearish pressure from descending trendline resistance as well as 1st resistance in line with 50% Fibonacci extension and 78.6% Fibonacci retracement. Prices might push downwards towards 1st support, in line with 78.6% FIbonacci extension and 127.2% Fibonacci retracement. If prices push further up from 1st resistance, prices might face resistance...
AUDCHF is currently in a downtrend, market pullback with Engulfing Candle formed. Entered @close of the candle. First TP Level target achieved! Stop Loss @Breakeven
#AUDCHF looks for next supports
Hi guys, hope you all had a good bank holiday, we came into this wee with a few pairs lining up nicely. The first trade which was entered on Tuesday melted straight towards our TP1 for 30 pips and then continued to melt all the way to our final TP2 for a further 65 pips. Altogether we achieved a massive +95 pips within the first trading day of this week and have...
Welcome to our weekly trade setup ( AUDCHF )! - 1 HOUR Bearish market structure. 4 HOUR Strong break and pressure below main sr level. DAILY Overall good market structure for short positions! - FOREX SWING SELL AUDCHF ENTRY LEVEL @ 0.71520 SL @ 0.71860 TP @ 0.71000 Max Risk: 0.5% - 1%! (Remember to add a few pips to all levels - different Brokers!) Leave...
AUD - BEARISH 1️⃣ Investors turned risk averse as coronavirus lockdowns in Europe and potential US tax hikes hit risk appetite. CHF - BULLISH 1️⃣ Concerns about a surge in COVID-19 cases and vaccine shortages in Europe boosted the CHF. 2️⃣ The Swiss National Bank (SNB) held its policy rate unchanged at −0.75% in March meeting. ===== Technical ===== We are...
Price is approaching 1st resistance, which is in line with our 61.8% Fibonacci retracement, 100% Fibonacci extension and horizontal swing high resistance. We could potentially see a reversal at this level and further downside towards our 1st support, which is in line with our 61.8% Fibonacci extension and horizontal swing low support. It is worth noting that price...
Hey traders, here is the analysis for the AUDCHF. Let me know if you guys have any questions in the comment section. If you guys like my analysis please hit like. Thanks. NOTE - Please do your own analysis before taking the trade.
AUD - BEARISH 1️⃣ Concerns that new pandemic curbs and slow vaccine rollouts in Europe will dampen prospects of a swift economic recovery. 2️⃣ Local 10-year bond yields also eased slightly to 1.743%. 3️⃣ Sentiment was also affected following Western sanctions on China over Xinjiang's abuse, with Beijing hitting back with punitive measures against European...
AUDCHF is facing bearish pressure from descending trend line resistance. It might pullback from 1st resistance which is in line with 50% Fibonacci retracement and 100% Fibonacci extension . Prices might push down towards the 1st support level which coincides with -68% Fibonacci retracement and 100% Fibonacci extension . If prices increase and break through the...
AUDCHF is facing bearish pressure from descending trend line resistance. It might pullback from 1st resistance which is in line with 50% Fibonacci retracement and 100% Fibonacci extension. Prices might push down towards the 1st support level which coincides with -68% Fibonacci retracement and 100% Fibonacci extension. If prices increase and break through the...
Placed Sell Stop @ .71574 Take Profit @ .71445 Stop Loss @ .71638
The trend for AudChf is clearly up, and since November it accelerated and the pair gained almost 1000 pips. At this point though, 0.73 seems to be a very strong ceiling and AudChf could roll back to 0.7 support
The pair has broken through a descending triangle. We will look forward to opening some short positions and aim for the target indicated on the chart🙌🏻
AUDCHF has broken the support line, possible sell setup, I'll keep my sellstop at 0.7180 TP - 1.7140 SL - 1.7230 RR ratio - 1:1.5 iDEA of THE FOREX THE FOREX TRADER CLUB (TFT_CLUB)